Nominal and real effective exchange rates of Azerbaijani manat go down

Nominal and real effective exchange rates of Azerbaijani manat go down In June 2019, real effective exchange rate (REER) of Azerbaijani manat against foreign currencies made up 73.4 points, 0.8 point lower than in May, Report informs citing the Central Bank of Azerbaijan (CBA).
Finance
August 5, 2019 06:19
Nominal and real effective exchange rates of Azerbaijani manat go down

In June 2019, real effective exchange rate (REER) of Azerbaijani manat against foreign currencies made up 73.4 points, 0.8 point lower than in May, Report informs citing the Central Bank of Azerbaijan (CBA).

In the reporting period, the nominal effective exchange rate (NEER) of manat dropped by 1.5 percentage point to 99.2 points. 

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